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World shares mixed

Friday, 26 September 2008


LONDON, Sept 25 (AFP): European shares mostly spiked Thursday after Asian equities mainly fell amid uncertainty over an emergency multi-billion-dollar US bailout for the financial sector.
US President George W Bush Wednesday warned that the United States would slip into recession should the US plan fail.
Around midday, Paris was up 0.88 per cent, Frankfurt jumped 0.83 per cent and London was flat.
Tokyo closed down 0.90 per cent Thursday, Hong Kong slid 0.20 per cent, Sydney shed 1.0 per cent and Taipei lost 1.17. Seoul managed a gain of 0.38 per cent and Bangkok won 0.11 percent.
Chinese shares shot up 3.64 per cent, led by securities firms amid hopes that Beijing would introduce margin trading very soon, dealers said.